Lake Illawarra NSW 2528 — House Prices, Rent & Suburb Profile
Lake Illawarra is a suburb in New South Wales (postcode 2528). The median sale price is $916k (+213% since 2012). The median weekly rent is $650/week, a gross rental yield of about 3.7%. It has a population of about 3,288 (ABS Census 2021).
Median sale price trend
| Year | Median sale price |
|---|---|
| 2021 | $685,000 |
| 2022 | $700,000 |
| 2023 | $715,000 |
| 2024 | $742,500 |
| 2025 | $832,500 |
| 2026 | $916,000 |
Source: NSW Valuer General bulk property sales. Medians shown only where there are enough sales.
Median weekly rent by bedrooms
| Bedrooms | Median weekly rent |
|---|---|
| 2-bedroom | $550 |
| 3-bedroom | $680 |
Postcode-level median (all property types). Source: NSW DCJ rental bonds.
Housing mix
Predominantly house (49% of recorded sales, most commonly around 500-700㎡ land).
Demographics (ABS Census 2021)
- Population: 3,288
- Median age: 43
- Median weekly household income: $1,069
- Average household size: 2.1
Socio-economic profile (ABS SEIFA 2021)
- IRSAD (relative advantage/disadvantage): score 880 · 9th percentile in Australia
- IEO (education & occupation): score 889 · 12th percentile
Higher score = relatively more advantaged. This is a socio-economic index, not a measure of school or teaching quality. Source: ABS SEIFA 2021 (CC BY).
Schools in Lake Illawarra
- Lake Illawarra High School · Secondary School
- Lake Illawarra South Public School · Primary School
Schools located within the suburb boundary. For catchments and results, see the official My School / NSW sources.
Transport
Nearest station: Oak Flats Station (train), about 5 km from the suburb centre.
Frequently asked questions
What is the median house price in Lake Illawarra?
The median sale price in Lake Illawarra NSW 2528 is $916,000, up 213% since 2012. Based on NSW Valuer General sales data.
What is the average weekly rent in Lake Illawarra?
The median weekly rent in Lake Illawarra (postcode 2528) is $650 per week. Source: NSW DCJ rental bonds.
What is the rental yield in Lake Illawarra?
The estimated gross rental yield in Lake Illawarra is about 3.7%, based on the median weekly rent relative to the median sale price.
What schools are in Lake Illawarra?
Schools located in Lake Illawarra include Lake Illawarra High School, Lake Illawarra South Public School.
Nearby suburbs
- Mount Warrigal 2528
- Warilla 2528
- Windang 2528
- Barrack Heights 2528
- Barrack Point 2528
- Oak Flats 2529
- Shellharbour 2529
- Shellharbour City Centre 2529
Explore house prices & rent in suburbs near Lake Illawarra. Browse all NSW suburbs →
Prices, rents, school zones, land values and zoning across NSW.
Data: NSW Valuer General (sales & land value), NSW DCJ (rents), ABS Census & SEIFA 2021, TfNSW (transport). Figures are medians and estimates for general information only, not valuations or advice.